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281 Hill Street

London East, N6B 1E1·MLS® X13684482

Listing courtesy of Century 21 First Canadian Corp·Updated 3 hours ago

Listing price

$499,900

Est. $2,381/mo

Days on market

1

Listed Aug 17, 2026

For sale
1 / 14
4bd·2ba·2,000-2,500sqft

Description

Fantastic Duplex - Core Area classic yellow brick 2 storey Building. Featuring 2 spacious renovated 2 bedroom apartments. Trendy units, good layouts, lots of parking, tenant pays hydro, water, all on separate meters. Single car detached garage detached in the rear (could be rented for extra income). Located steps from BRT corridor with easy access to downtown. Excellent rental area. Building is very well maintained. Low maintenance exterior. Easy to rent, easy to manage!

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Property details

Garage
1 car Detached
Basement
Partial Basement, Unfinished
Parking
4 spaces
Type
Duplex — 2-Storey
Heating
Forced Air
Property tax
$2,515/yr (2026)

AI property estimate

$591,386~18.3% above asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$514,506$668,266

61% confidence · 5 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Old East Village

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,381
Property tax$542
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,276
Land transfer taxOne-time, on closing

Ontario LTT

$6,473

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Listed 2 times · asking price down 6% from the first ask

$499,900 6%

Listed Aug 17, 2026

On the market
$529,000

Listed Mar 27, 2026 · 126 days on market

Listing expired

Jul 31, 2026

126 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

84 Wharncliffe Road, London SouthSold

$530,000

84 Wharncliffe Road, London South

5 bd·2 ba·1,500-2,000 sqft
379 Central Avenue, London EastSold

$329,000

379 Central Avenue, London East

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsOld East Village · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$547,917

Sale-to-list ratio

96.2%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$122,867

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$591,386

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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